DECO STYLE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DECO STYLE
Largest movements
- Tangible fixed assets -€125,131
no longer reported in 2025 (was €125,131)
of which Land and buildings: -€120,000
- Receivables within one year -€20,445
no longer reported in 2025 (was €20,445)
- Cash -€10,124
down €10,124 (-27.5%), from €36,774 to €26,650
mainly Contributions, distributions and other (-€120,000) and Net result for the year (-€36,938)
- Profit (loss) carried forward -€123,475
down €123,475 (-90.2%), from €136,844 to €13,369
- Reserves -€33,463
down €33,463 (-94.7%), from €35,322 to €1,859
of which Distributable reserves: -€33,463
- Trade debts +€5,260
up €5,260 (+212.7%), from €2,473 to €7,733
- Tax, wage and social debts -€4,120
down €4,120 (-87.4%), from €4,716 to €596
- Gross operating margin -€55,658
down €55,658, from €52,177 to -€3,481
- Taxes +€23,163
up €23,163 (+491.2%), from €4,716 to €27,879
- Other operating charges -€1,188
down €1,188 (-74.8%), from €1,588 to €400
- Depreciation -€706
down €706 (-12.1%), from €5,837 to €5,131
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,552 | €30,174 | -€155,378 | -83.7% |
| Fixed assets | 21/28 | €125,131 | - | -€125,131 | |
| Tangible fixed assets | 22/27 | €125,131 | - | -€125,131 | |
| Land and buildings | 22 | €120,000 | - | -€120,000 | |
| Furniture and vehicles | 24 | €5,131 | - | -€5,131 | |
| Current assets | 29/58 | €60,421 | €30,174 | -€30,247 | -50.1% |
| Amounts receivable within one year | 40/41 | €20,445 | - | -€20,445 | |
| Other amounts receivable | 41 | €20,445 | - | -€20,445 | |
| Cash at bank and in hand | 54/58 | €36,774 | €26,650 | -€10,124 | -27.5% |
| Deferred charges and accrued income | 490/1 | €3,202 | €3,524 | +€322 | +10.1% |
| Total equity and liabilities | 10/49 | €185,552 | €30,174 | -€155,378 | -83.7% |
| Equity | 10/15 | €178,363 | €21,425 | -€156,938 | -88.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €35,322 | €1,859 | -€33,463 | -94.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €33,463 | - | -€33,463 | |
| Profit (loss) carried forward | 14 | €136,844 | €13,369 | -€123,475 | -90.2% |
| Amounts payable | 17/49 | €7,189 | €8,749 | +€1,560 | +21.7% |
| Amounts payable within one year | 42/48 | €7,189 | €8,749 | +€1,560 | +21.7% |
| Trade debts | 44 | €2,473 | €7,733 | +€5,260 | +212.7% |
| Suppliers | 440/4 | €2,473 | €7,733 | +€5,260 | +212.7% |
| Taxes, remuneration and social security | 45 | €4,716 | €596 | -€4,120 | -87.4% |
| Taxes | 450/3 | €4,716 | €596 | -€4,120 | -87.4% |
| Other amounts payable | 47/48 | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,837 | €5,131 | -€706 | -12.1% |
| Other operating charges | 640/8 | €1,588 | €400 | -€1,188 | -74.8% |
| Gross operating margin | 9900 | €52,177 | -€3,481 | -€55,658 | |
| Operating profit (loss) | 9901 | €44,752 | -€9,012 | -€53,764 | |
| Financial charges | 65/66B | €301 | €47 | -€254 | -84.4% |
| Recurring financial charges | 65 | €301 | €47 | -€254 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €44,451 | -€9,059 | -€53,510 | |
| Income taxes | 67/77 | €4,716 | €27,879 | +€23,163 | +491.2% |
| Profit (loss) for the period | 9904 | €39,735 | -€36,938 | -€76,673 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,735 | -€36,938 | -€76,673 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.